Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Multibagger Stocks to Buy for Long Term. On April 10, Mizuho analyst Lloyd Walmsley lifted the price objective on the company’s stock to $420 from $410 while maintaining an “Outperform” rating, reflecting an upside of ~32% from the closing price of $317.24. Notably, the firm upped its revenue estimates for Google Cloud, backed by the signals related to the Anthropic partnership as well as a refined backlog analysis.
It anticipates Cloud revenue reaching $149 billion in 2027, compared to the Bloomberg consensus of $116 billion. The strong margins can also fuel a significant increase in profits. Furthermore, the firm also noted the upside from TPU-related revenue, thanks to the more favorable economics over time. It also increased Alphabet Inc. (NASDAQ:GOOGL)’s EPS estimate for 2026 to $11.81 from the consensus estimates of $11.62 and the 2027 estimate to $14.04 compared to the previous estimate of $13.56.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company, which operates Google services like search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more.
While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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